Month Russian market, $/t, EXW, without VAT, $1/RUR58.991* min max June 542.46 542.46 July 542.46 542.46 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The Space Heroes Mine Group has put a new long face into operation. Its industrial reserves are estimated at 561 thousand tons of coal. It is planned to extract 1900 thousand tons of coal per day from this long face. Thus the reserves would last for a year.
Metinvest, Ukraine’s largest private mining and steel group, has refused to rule out writing off part of its debt which is to be restructured, Group CEO Yuri Ryzhenkov said.
The State Finance Inspection of Ukraine is going to check the financial activities of the four companies by the order of the Ministry for economic development and trade.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.612* min max June 321.53 377.84 July 327.41 390.43 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
The Industrial Union of Donbass corporation (ISD) and ArcelorMittal Kriviy Rig are the major clients of the railroad First Cargo Company in Ukraine, affected by sanctions.
In January-August Ukraine produced 568.2 thousand tons of steel pipes, down by 44.4% YoY.
Ukrainian export prices are down by $15, Russian – by $10-15.
